RCM Bhubaneswar offers an array of merit-based scholarships to students enrolled in its BBA, BCA, and PGDM programs. Scholarships for the PGDM program are awarded based on OJEE/CAT/XAT/MAT/ATMA/CMAT ranks. The institute has also initiated several substantial scholarship schemes for the academic year 2023-24. These are awarded on a merit basis, OJEE rank, and PI, with the potential of winning up to INR 2,00,000.
RCM – Kalam Scholarship for MBA batch 2023
The Kalam Scholarship is awarded to MBA students based on their OJEE ranks. The award amounts vary according to the rank held by the student.
| OJEE Ranks | Award Amount (in INR) |
| 1-50 | 75,000 |
| 51-500 | 50,000 |
| 501 – 1000 | 30,000 |
| 1001 – 3000 | 25,000 |
| 3001 – 5000 | 20,000 |
| 5001 – 7000 | 10,000 |
RCM – Rocketery Scholarship for MCA batch 2023
The Rocketery Scholarship is granted to MCA students according to their OJEE rank. The scholarship amount varies, depending on the student's rank.
| OJEE Ranks | Award Amount (in INR) |
| 1-50 | 75,000 |
| 51-500 | 50,000 |
| 501 – 1000 | 30,000 |
| 1001 – 3000 | 25,000 |
| 3001 – 5000 | 20,000 |
| 5001 – 7000 | 10,000 |
RCM – Loyalty Scholarship
The Loyalty Scholarship is extended to alumni, providing an award for former students and those who pursued a BBA course.
| Details | Award Amount (in INR) |
| For Ex Student | 40,000 |
| +BBA Course | 30,000 |
RCM – Shiksha Protsahan Scholarship for PGDM batch 2023
The Shiksha Protsahan Scholarship awards are given to PGDM students based on their OJEE ranks. The scholarship amounts differ according to the rank of the student.
| OJEE Ranks | Award Amount (in INR) |
| 1-50 | 2,00,000 |
| 51-500 | 1,50,000 |
| 501 – 1000 | 1,00,000 |
| 1001 – 3000 | 75,000 |
| 3001 – 5000 | 60,000 |
| 5001 – 7000 | 40,000 |
RCM – Merit Scholarship for BBA and BCA students
The Merit Scholarship is awarded to BBA and BCA students based on their percentage in Class 12. The scholarship amount varies according to the percentage scored by the student.
| % in Class 12 | Award Amount (in INR) |
| Above 90% | 25,000 |
| 75%-89% | 15,000 |
| 65%-75% | 10,000 |
